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boehner's comments. they are interpreting it, according to traders i've talked to anyway, as an opening, if you will, which john, you really just mentioned. but eamon, we expect this event to happen momentarily, but how much influence do you think, if any at all, the congressional budget office detailing what might happen to the unemployment rate might have on these particular discussions? i mean they said that if all -- if we go over the fiscal cliff, that we might see an unemployment rate spike to above 9%. do you think that that pushes it a little bit for both sides to really get together and get something done? >> well, look. unemployment over9% is definitely an eye opening figure. but i think the folks in washington know this is a bad deal. they know it is a worst case scenario if we go over the fiscal cliff. there are some in both parties who argue that it might be best to actually go over the fiscal cliff for a variety of tactical and ideological reasons but most folks in washington, sort of where
boehner's comments. they are interpreting it, according to traders i've talked to anyway, as an opening, if you will, which john, you really just mentioned. but eamon, we expect this event to happen momentarily, but how much influence do you think, if any at all, the congressional budget office detailing what might happen to the unemployment rate might have on these particular discussions? i mean they said that if all -- if we go over the fiscal cliff, that we might see an unemployment rate...
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john boehner has his own base. i always struck chuck last night, john boehner comes out in that interview and talks about immigration reform. watch tweeter, afterwards. steve king from iowa, john fleming from louisiana. house conservatives. i talked to staffers, they said they don't represent the house but you give them attention. when they go to twitter and tee off in the minutes after their speakers talks about immigration reform. >> steve king is already making noises about running for the tom harkin seat. is harkin retiring? we don't know for sure. that's been the long assumption. big opportunity for republicans midterm. iowa on top of the ticket. >> abs lieuly. >> already we know that there's going to be a real republican primary. mitch mcconnell and john corbin basically went about this in a placate the base, contindon't, know, disrupt this. and it failed. now, they're not getting blame and i'm surprised. >> here's the deal. in 2010 they did get involved in a lot of places. >> they tried. >> they tried. most
john boehner has his own base. i always struck chuck last night, john boehner comes out in that interview and talks about immigration reform. watch tweeter, afterwards. steve king from iowa, john fleming from louisiana. house conservatives. i talked to staffers, they said they don't represent the house but you give them attention. when they go to twitter and tee off in the minutes after their speakers talks about immigration reform. >> steve king is already making noises about running for...
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but after the election, speaker boehner and now that the american people have spoken, speaker boehner has more weight behind him to say to his caucus, folks, get in line. >> in last night's interview the speaker talked about obama care. i want to remind everybody what he had to say about that. >> the alexeis that. the the president is reelected. obama care is the law of the land. >> but you won't be spending the time next year trying to repeal obama care? >> there may be parts of it that we believe need e to be changed. we may do that. no decisions at this point. >> okay. obama care is the law of the land. maybe parts of it could be changed. it seems very conciliatory. but almost immediately, the speaker sent out a tweet saying that the goal is and will remain full repeal. and there it is. obama care is the law of the land but it's threatening jobs. our goal will remain full repeal. is the speaker talking out of both sides of his mouth. he's either lying to diane sawyer or to everybody on twit per. >> the goal is full repeal. at the end of the day, given the fact the president has bee
but after the election, speaker boehner and now that the american people have spoken, speaker boehner has more weight behind him to say to his caucus, folks, get in line. >> in last night's interview the speaker talked about obama care. i want to remind everybody what he had to say about that. >> the alexeis that. the the president is reelected. obama care is the law of the land. >> but you won't be spending the time next year trying to repeal obama care? >> there may be...
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listen to what he and boehner have said since the election, boehner is clearly open to revenue, doesn't want rates to go up. the president is going to reassert that wealthy have to pay some. but you can actually bridge that divide if you get into pay through something other than higher rates. for example, closing off deductions. those are the kind of -- >> the thing that mitt romney was talking about but was not specific in one of the debates. >> if you think about it the president has talked about tax reform, his acceptance speech. i don't expect him to get into details of how he'll do that. the key is the tone as andrew was saying, people confidence is very important here, es special lir to the markets, the economy, the president to come out and say we won here's the mandate you take this, take our conditions or you'll bear it on your head if a recession happens, that i think is not what the markets want to see. >> and andrew ross sorkin, as we wait for the president to walk in, what -- we see now is that the gang of eight have been meeting. you've had bob corker and others participat
listen to what he and boehner have said since the election, boehner is clearly open to revenue, doesn't want rates to go up. the president is going to reassert that wealthy have to pay some. but you can actually bridge that divide if you get into pay through something other than higher rates. for example, closing off deductions. those are the kind of -- >> the thing that mitt romney was talking about but was not specific in one of the debates. >> if you think about it the president...
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you have a group whether it's mcconnell actually much more explicit than boehner in the senate, or boehner saying we can play around with the tax code to increase revenues but not increase rates. those are pretty unkwif cal lines. the realm of agreement between medicare, defense, et cetera is a widely shared realm. that line in the sand -- when you think from wall street and a business perspective seems far too bright given somebody has to pull back from the brink. >> you're saying that their sides are to distinct -- >> on this one issue. they drew a clear line about an issue is revenue inconsequenceal. you don't get to this by raising taxes on the wealthy. we have made this an issue. >> the president made it an issue. >> in our exit polling where he has the aagreement of people. not necessarily popular because most people would like to see no one's taxes go up, but 46% or about said they want it or would be in agreement with meem who make over 250,000. >> the polls aren't important -- what's important is he won a huge election. does that give him a mandate to do everything he ever said? o
you have a group whether it's mcconnell actually much more explicit than boehner in the senate, or boehner saying we can play around with the tax code to increase revenues but not increase rates. those are pretty unkwif cal lines. the realm of agreement between medicare, defense, et cetera is a widely shared realm. that line in the sand -- when you think from wall street and a business perspective seems far too bright given somebody has to pull back from the brink. >> you're saying that...
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boehner, speaker boehner? >> well, i take -- you know, you can flip around what andrea said and turn it on its head. it's a huge challenge but also a huge opportunity. we were talking about legacy before. what a hinge this re-election is. you know, if he had lost in a very practical way, if he had lost, the republicans probably would have repealed obamacare. so his great achievement would have been reduced to rubble, right? instead, it's now up there on the mantel as a great trophy, the great democratic achievement of his first term. you know, him getting re-elected makes the stimulus okay. >> not just of his first term, i mean, that's the great democratic achievement of the last generation. >> yeah, absolutely. so he's got that now, right? and he's now had his vision of having saved the country from the second great depression, ratifying. now he turns to the second term, and he has this opportunity to deal with fiscal cliff. it's a huge problem. if he fails, it could destroy his second term. but if he achieve
boehner, speaker boehner? >> well, i take -- you know, you can flip around what andrea said and turn it on its head. it's a huge challenge but also a huge opportunity. we were talking about legacy before. what a hinge this re-election is. you know, if he had lost in a very practical way, if he had lost, the republicans probably would have repealed obamacare. so his great achievement would have been reduced to rubble, right? instead, it's now up there on the mantel as a great trophy, the...
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so john boehner is the most reasonable, responsible guy in washington, according to john boehner. do you agree with that? >> well, you know, it's a new day. and perhaps there's a new john boehner. you know, i'm optimistic, and i think that, you know, elections clarify things and so i think this shows a very positive willingness to make a deal perhaps. >> ana, do you agree with that? >> well, zoraida, let's remember what the house of representatives is like. so it's not a high threshold to be the most responsible person in washington. but i do, you know, i do think that john boehner is doing everything he can to signal he's willing to work to the. i think he received a message that the american people said that they want to see some cooperation. and i do think john boehner is a businessman, a business oriented person who understands the economy, and understands that solving the fiscal cliff would be an important part of not having the economy go off a cliff again. now the big question is, okay, so john boehner thinks he's the most responsible person in washington. will his republic
so john boehner is the most reasonable, responsible guy in washington, according to john boehner. do you agree with that? >> well, you know, it's a new day. and perhaps there's a new john boehner. you know, i'm optimistic, and i think that, you know, elections clarify things and so i think this shows a very positive willingness to make a deal perhaps. >> ana, do you agree with that? >> well, zoraida, let's remember what the house of representatives is like. so it's not a high...
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boehner." we will focus more on that issue and issues facing latino voters later on in today's "washington journal." we will go to the democrat line. ida from longwood, florida. what is the most import issue for you in the second term? caller: the most apparent issue that the news wanted to think is the fiscal cliff. it is interesting the word fiscal cliff is a cliche for "how much money is going to be taken out of the $150 million ira's of mr. romney." understand that the fiscal cliff was imposed by bush to keep the tax benefits for the rich in place. and then in a compromise, obama continued those for another year. because in 2008 there were supposed to run out. nobody is talking about the compromise that he made not to actually bring the the 2008 provisions into place. we have four things we're looking at. they can lead that policy continue. t policycan let tha tpoli continue. some say it will increase spending cuts and will weigh heavily on growth and possibly drive the economy back into a
boehner." we will focus more on that issue and issues facing latino voters later on in today's "washington journal." we will go to the democrat line. ida from longwood, florida. what is the most import issue for you in the second term? caller: the most apparent issue that the news wanted to think is the fiscal cliff. it is interesting the word fiscal cliff is a cliche for "how much money is going to be taken out of the $150 million ira's of mr. romney." understand that...
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this was a bright spot in boehner's interview. he was asked if republicans will still pursue full repeat. >> i think the election changes that. it's pretty clear the president was reelected. obama care is the law of the land. >> but you won't be extending the time next year trying to repeal obama-care? >> there are certainly maybe parts of it we believe that need to be changed. we may do that. no decisions at this point. >> wait a minute. a short while later, boehner walked back his answer on twitter. obama care is the law of the land, but it's raising costs and hurting small businesses. our goal remains full repeat? it looks like he's scared of the tea partiers in the caucus. president obama was close to persuade ing him on a grand bargain before boehner buckled. i guess you could say this time around they don't need boehner. they hold not all the carts, but more cards, and the middle eastern people are clearly behind this president, they elected a more progress i have senate. senator patty murray, who led the democratic senatori
this was a bright spot in boehner's interview. he was asked if republicans will still pursue full repeat. >> i think the election changes that. it's pretty clear the president was reelected. obama care is the law of the land. >> but you won't be extending the time next year trying to repeal obama-care? >> there are certainly maybe parts of it we believe that need to be changed. we may do that. no decisions at this point. >> wait a minute. a short while later, boehner...
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house speaker john boehner is doing the dance of the seven veils. ♪ >> a day after the president's re-election, the speaker of the house opened the door to additional tax revenues. >> we're willing to accept new revenue under the right conditions. >> but after that telling peekaboo, boehner pulled back, announcing tax increases are not an option. >> raising tax rates is unacceptable. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> last night, he revealed to diane sawyer that his party was no longer seeking to repeal the affordable care act. >> well, i think the election changes that. it's pretty clear that the president was elected, obama care is the law of the land. >> but you won't be spending the time next year trying to repeal obama care. >> there may be parts of it that we believe need to be changed. we may do that. no decisions at this point. >> but hours after that interview, boehner shrouded himself once again tweeting, obama care is law of the land but it is raising costs and threatening jobs. our goal has been and will remain #full
house speaker john boehner is doing the dance of the seven veils. ♪ >> a day after the president's re-election, the speaker of the house opened the door to additional tax revenues. >> we're willing to accept new revenue under the right conditions. >> but after that telling peekaboo, boehner pulled back, announcing tax increases are not an option. >> raising tax rates is unacceptable. >> raising tax rates will slow down our ability to create the jobs that everyone...
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what did you hear from john boehner? he said he's willing to budge on revenue, not hike taxes, but is that enough. what are republicans willing to give here. >> the jury is still out. speaker boehner should put his r revenue plan on the table. i mean based on this republican theory that's been proven wrong by history that somehow by giving folks at the top of the income ladder a tax break, you'll create all this economic activity and it will pay for itself and not increase the deficit. we know that failed because what happened after we tried that last time was jobs went down and the deficit went up. so i think the speaker shoumd do what he says that he wants to do. put this out in public. the president has put his plan in public. it was a central part of the debate. saying that folks at the higher end should pay more to reduce our deficit because if we don't ask them to chip in more, it means everybody else gets hit harder. >> you heard what he said. we're not going to raise taxes on small business. and for republicans,
what did you hear from john boehner? he said he's willing to budge on revenue, not hike taxes, but is that enough. what are republicans willing to give here. >> the jury is still out. speaker boehner should put his r revenue plan on the table. i mean based on this republican theory that's been proven wrong by history that somehow by giving folks at the top of the income ladder a tax break, you'll create all this economic activity and it will pay for itself and not increase the deficit. we...
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>> yeah and i asked speaker boehner that today. i said what is your leverage? and he says we kept the majority and ran on no new taxes, but the nuance here is important. and the nuance is john boehner and barack obama, and we have a story posted right now that says this barack obama didn't once mention the word race. he said he wants the wealthy to pay more. so if the president says he wants the wealthy to pay more, that means he could keep the rates the name. john boehner said he want no higher tax rates, so they aren't so far apart, but liberals will not be happy if that's the case. >> jennifer: well, unless though, if the president is able to orchestrate a way where they would generate just as much revenue in removing those deductions and loopholes from the wealthy, as they would from seeing the rates go up, what is the difference? >> i'm not denying that. but letting the top two rates expire brings in about $960 billion over ten years. that's a lot of money. that's almost enough to turn off the automatic spending cuts plus in place. i don't know that puttin
>> yeah and i asked speaker boehner that today. i said what is your leverage? and he says we kept the majority and ran on no new taxes, but the nuance here is important. and the nuance is john boehner and barack obama, and we have a story posted right now that says this barack obama didn't once mention the word race. he said he wants the wealthy to pay more. so if the president says he wants the wealthy to pay more, that means he could keep the rates the name. john boehner said he want no...
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presidente barack obama, que no hará un problema con esta reforma, sin embargo poco después un vocero de boehner dijo que los voceros de la cámara quieren eliminar la reforma sanitaria. >>> volviendo al presidente barack obama, el mandatario tuvo un momento emocional y no pudo contener las lágrimas cuando dio gracias a los voluntarios de su campaña en chicago, se conmovió cuando les dijo que estaba muy orgulloso de su trabajo, la propia campaña de obama divulgó el video de 5 minutos, ahora la pregunta, creen que es correcto que un político o un presidente derrame lágrimas en público, quiero saber su respuesta en @satchapretto y @despiertaameric, continuamos con más de despierta américa ♪ oye, mi amigo, de lo que uno se entera ♪. ♪ oye, mi amigo, de lo que uno se entera ♪. ♪ de lo que uno se entera, te lo contaré sin pena ♪. >>> ha llegado la hora de todos estar muy contentos, de lo que uno se entera, señores. >>> esto me gusta mucho, porque me remonta a mis inicios, porque en univisión van a lanzar un globo con un gps, con la corona de nuestra belleza latina 2013, que s
presidente barack obama, que no hará un problema con esta reforma, sin embargo poco después un vocero de boehner dijo que los voceros de la cámara quieren eliminar la reforma sanitaria. >>> volviendo al presidente barack obama, el mandatario tuvo un momento emocional y no pudo contener las lágrimas cuando dio gracias a los voluntarios de su campaña en chicago, se conmovió cuando les dijo que estaba muy orgulloso de su trabajo, la propia campaña de obama divulgó el video de 5...
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boehner's tone was good. when you look inside and say, we can rely on dynamic scoring, when you begin to dissect that, it has some problems. i am hopeful that with the business community's help, and with the president paz's leadership, we can bring the republicans around. >> we talked about [indiscernible] 3 numbers [indiscernible] do you have a strategy for trying to pass the middle class tax [indiscernible] are you trying to do that [indiscernible] the tax issue, and are you going to [indiscernible] >> the general thrust of your question. i think most of our colleagues say the senate needs to be fixed, that there is something wrong with it. there will be a lot of discussions about that over the next few weeks. i will not comment on specifics until we have those discussions. it needs to be done not just for one particular issue, but in general, to get the senate working better. >> [indiscernible] >> any agreement, because we have to pass things in the house and senate, passed the bar partisan -- has to be bi
boehner's tone was good. when you look inside and say, we can rely on dynamic scoring, when you begin to dissect that, it has some problems. i am hopeful that with the business community's help, and with the president paz's leadership, we can bring the republicans around. >> we talked about [indiscernible] 3 numbers [indiscernible] do you have a strategy for trying to pass the middle class tax [indiscernible] are you trying to do that [indiscernible] the tax issue, and are you going to...
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boehner talk about not raising rates. so is there some sort of compromise in the difference between the term rates and revenues? >> i done think will is any question. and actually there's a lot of commonality on that issue in the senate. the fact is that folks in the upper income bracket lick me, we ought to eliminate loopholes and those kinds of things that are you really spending in another name. so we can generate more revenues from the upper income by eliminating those tax expenditures which really, again, is just spending in another name. and i think-- bses you can give us an example of how -- >> there are all kind of expenditures there is a home mortgage deduction. charitable contribution, the health care exclusion. and the best way to keep from getting into a political argument over which one is just to cap the amount that people in upper income brackets can take of any of those. let them choose which they want to take. but there's been a lot of discussion in the senate over this. and i think a lot of people have c
boehner talk about not raising rates. so is there some sort of compromise in the difference between the term rates and revenues? >> i done think will is any question. and actually there's a lot of commonality on that issue in the senate. the fact is that folks in the upper income bracket lick me, we ought to eliminate loopholes and those kinds of things that are you really spending in another name. so we can generate more revenues from the upper income by eliminating those tax...
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speaker boehner has to start counting votes. he has the majority in numbers but how much he can do or thought do, that will be dependent on a handful of fiscal conservatives on the right. >>neil: would charlie rangel be okay with a plan initially for republicans if this is what they put forward to close the loopholes and transaction breaks for millionaires without formally raising the rates and that is their initial proposal on revenue meaning taxes go up but it is not formally raising rates would you say yes or month? >>guest: there is enough money there to make it renew neutral but we have to raise money from the upper income people. >>neil: and the only way did do it in your eyes is to raise the rates? >>guest: we have to really see what he is talking about because they get a lot of preferential treatment in the tax code. >>neil: you could do it? >>guest: it is possible to do that if you cut out all the prefer usual treatment they are getting. that is not going to be easy. everyone wants tax cuts and get rid of loopholes. >>n
speaker boehner has to start counting votes. he has the majority in numbers but how much he can do or thought do, that will be dependent on a handful of fiscal conservatives on the right. >>neil: would charlie rangel be okay with a plan initially for republicans if this is what they put forward to close the loopholes and transaction breaks for millionaires without formally raising the rates and that is their initial proposal on revenue meaning taxes go up but it is not formally raising...
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john boehner not wanting the president to get all of the limelight, john boehner gave an exclusive one on one interview last night. she wasn't drunk. >> oh, really? >> bill: does anybody believe this? >> i'm the most reasonable responsibility person out here. the president knows he and i can work together. >> bill: i'm the most reasonable man in washington except eric cantor has a gun to my head. >> yeah. >> bill: and to show how totally in denial he is. >> i think this has been the host misreported story of my two years. we don't have a tea party caucus to speak of in the house. >> bill: maybe he should tell michele bachmann that who started the tea party caucus in the house. and tell the 63 tea party republicans that there is no tea party in the house. >> what is he doing? >> bill: i don't know. and again, all they do is lie. michele bachmann started the tea party caucus. maybe they don't always get their way, he can say, but they do. it is the tail wagging the dog we have seen that for the last two years under john boehner. he is not a bad guy, but he is not a leader, and he is not
john boehner not wanting the president to get all of the limelight, john boehner gave an exclusive one on one interview last night. she wasn't drunk. >> oh, really? >> bill: does anybody believe this? >> i'm the most reasonable responsibility person out here. the president knows he and i can work together. >> bill: i'm the most reasonable man in washington except eric cantor has a gun to my head. >> yeah. >> bill: and to show how totally in denial he is....
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that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax rate that. they see is punitive. and so they are trying to get ahead of that. being open and signaling publicly, celebrateing they're open to additional revenues they come without increases in rates. i don't know if it will end up in a compromise but they will incyst on seeing more from the white house. >> the first back and forth, though, promising? >> it is. each side could have held ground and gone to negotiations without having concedeed anything. boehner has been speaking about revenues and obama has implying he could drop the rates issue to make it revenue
that is boehner's bottom line he can't move off of it. he has the get something real on spending. >> bret: that is what republicans never saw in hardcore, on papeer the last negotiations. >> house republicans are skeptical they'll see anything significant about it now or the short term. what is more likely is a short-term compromise and revisit broader tax reform, sometime down the line. they are trying to get out in front of what they see is inevitable. they want to avoid the tax...
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i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how much can congress get done, especially if they only give it a week or so? >> that's the big question. two things to consider here. first is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen, and that's the real stumbling block here, before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do tax reform, mitt romney proposed capping deductions, for example, during a campaign, something republicans might be able to sign on to, but even before they get to tax r
i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how...
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i think that boehner will tend to ignore the tea party members. i think whoever is the democratic leader will probably ignore the kind of move on dot-org members. >> greta: you know what, tell me you what really annoy meas. everybody has known about the fiscal cliff for a year and-a-half. in november last year, we knew it was going to happen. now we have had the election, we paid their salaries while they ran for office on both sides of the aisle. they have six weeks to come up with a deal. it is want much time. on the edge of six weeks coming up, what happens? we need everybody to get in the same room. president needs to call the major leader and the speaker. what does the president do? he plans an overseas trip into burma, instead of staying home and bringing everybody to the oval office and pounding out an agreement? >> what the president has to do is to propose a budget, propose a plan. he didn't do it in the debt limit fight. he let one emerge from the negotiations. i don't think that's a presidential leadership. he needs to submit a program
i think that boehner will tend to ignore the tea party members. i think whoever is the democratic leader will probably ignore the kind of move on dot-org members. >> greta: you know what, tell me you what really annoy meas. everybody has known about the fiscal cliff for a year and-a-half. in november last year, we knew it was going to happen. now we have had the election, we paid their salaries while they ran for office on both sides of the aisle. they have six weeks to come up with a...
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i'm encouraged by what speaker boehner said about revenues. he may have hedged that a little bit in the last 24 hours and may want to see where he can get it from tax reform first, but ultimately, republicans are acknowledging which is a good sign that there has to be revenue as part of this deal. same thing on the democratic side -- >> you think it's posture right now, some of this stuff we're hearing? >> i think it's what harry reid said. there's a lot of dancing going on but i think we'll get to the fixing pretty soon. >> gloria, everyone sees the fiscal cliff coming here. how much can congress get done in the lame duck especially if they are only going to give it a week or so? >> you know, that's a big question. look, there are two things to consider here. first of all is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen and that's the real stumbling block here before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do
i'm encouraged by what speaker boehner said about revenues. he may have hedged that a little bit in the last 24 hours and may want to see where he can get it from tax reform first, but ultimately, republicans are acknowledging which is a good sign that there has to be revenue as part of this deal. same thing on the democratic side -- >> you think it's posture right now, some of this stuff we're hearing? >> i think it's what harry reid said. there's a lot of dancing going on but i...
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you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going wait a minute, i got two big risks. one i can't defend my philosophy which my base will hate and i will hate myself for it. michelle will hate me for it. and we need more money to do more things. the other fear is i'm going off the fiscal cliff, meaning i tried so hard to get my way that we screwed it up with the republicans like we did last august and nothing gets done and the economy tanks again for a second recession and i'm going down in history as a double failure. >> he can't let that happen. >> at some point he has to pull back from the paul krugmans of the world and the people on the far left, not far left but left, and say i'm president, you're a columnist. >> right. he has -- he's going to get a lot of flack from both his own left flank and the right. he has to accept that.
you have to give boehner credit. he said new revenue. >> the president goes to sleep tonight he's thinking, i won. must be tremendous relief on his part. then he's thinking down the road, because he is thinking of the future, he's going wait a minute, i got two big risks. one i can't defend my philosophy which my base will hate and i will hate myself for it. michelle will hate me for it. and we need more money to do more things. the other fear is i'm going off the fiscal cliff, meaning i...
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john boehner has already had one. he's going to have a second one. looks like something good is going to happen. if that happens, let's put our optimistic hats on. how good would that be for stocks? >> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry and stro rly in many markets. this is not only going to drive housing starts higher but be a tremendous positive for consumer confidence because along with stocks, the value of people's house, the biggest asset they have. it's been under downward pressure. now it's headed the other way. >> right. i agree. this may have had an impact on the election, by the way, because it's so important to individuals. but let me just take you through this. if the so-called fiscal cliff is solved, we avoid the big year-end tax increase, ken heebner, what concerns a lot of people is tha
john boehner has already had one. he's going to have a second one. looks like something good is going to happen. if that happens, let's put our optimistic hats on. how good would that be for stocks? >> well, we have the economy moving ahead slowly now. with an acceleration, i believe, coming from rising housing prices and rising housing starts. housing prices in this country, which have been going down for five or six years, in the last six months have started up and they're up broadry...
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where boehner is saying let's deal with this in 2013. he's actually trying to get this off the lame duck altogether, which is the way to ensure there's not a big deal. so in addition to the question about whether we are going to see a ball loance of revenues a spending cuts is whether we're going to get a big deficit deal which the president clearly wants and thinks is important. what you're hearing from boehner and mcconnell in washington speak is we don't want a deal, we don't want to go off the cliff and the only thing left is to punt. and i think that's a dangerous place as well because this is the issue one of the few times congress might be forced to actually do its job and get a budget passed for the american people. so when this question comes up about the bigger issue are we going to get a deal or not, what i'm hearing from boehner is no and the president yes. >> but the president's leverage doesn't go away if you punt for six months. i mean, it's not clear to me -- i agree with you that's one way to read the boehner/mcconnell p
where boehner is saying let's deal with this in 2013. he's actually trying to get this off the lame duck altogether, which is the way to ensure there's not a big deal. so in addition to the question about whether we are going to see a ball loance of revenues a spending cuts is whether we're going to get a big deficit deal which the president clearly wants and thinks is important. what you're hearing from boehner and mcconnell in washington speak is we don't want a deal, we don't want to go off...
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Nov 9, 2012
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john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in a little bubble next to the man's name on a piece of paper is technically how we endorse a person in america. mr. mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally
john boehner and mitch mcconnell were still asleep and no woke them up. since then, they have made statements about what they see happening in this next year, indicating that maybe they also slept through the part of the night when the results of the election came in. mr. mcconnell put out a statement what's clear about this election is that the voters have not endorsed president obama's first term. the fact that the president won the election is not an endorsement of the president? filling in...